Ebix Limited (formerly Eraaya Lifespaces) submitted the voting results of its 60th Annual General Meeting (AGM) to BSE on October 1, 2026. The meeting, held virtually on September 30, 2026, saw shareholders approve the adoption of audited financial statements for FY26 with overwhelming support.

The single ordinary resolution considered at the AGM sought to receive, consider, and adopt the standalone and consolidated audited financial statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. The resolution was passed by a requisite majority, reflecting strong shareholder consensus on the company's financial reporting for the period.

Voting participation details

The AGM was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM). A total of 70 public shareholders attended the meeting via VC, while no promoters or promoter group members were present in person or through proxy. Remote e-voting was facilitated by National Securities Depository Limited (NSDL) between September 27 and September 29, 2026.

The scrutinizer's report, issued by M/s Shubhangi Agarwal & Associates, confirmed that out of 23,630 shareholders on the record date, a significant portion participated via remote e-voting. The total number of shares voted upon stood at 214,294,160.

Resolution outcome

The voting results indicate near-unanimous support for the adoption of financial statements. Promoters and promoter group cast votes representing 94.53% of their holding, all in favour. Public non-institutional investors voted 99.99% in favour, while institutional investors did not cast any votes during this specific resolution process.

What the numbers show

The data reveals a distinct divergence in engagement levels between shareholder categories. While promoters utilized nearly 95% of their voting power, public non-institutional shareholders exercised only about 45% of their total holdings in the vote. This suggests that while the outcome was decisively in favour, the breadth of retail participation was moderate compared to the concentrated influence of the promoter group. The minimal dissent of 2,951 votes against the resolution highlights a lack of significant opposition to the management's financial disclosures.

Artemis Ebix Limited, formerly known as Eraaya Lifespaces Limited, filed its Business Responsibility and Sustainability Report (BRSR) for FY26 with the Bombay Stock Exchange on September 8, 2026. The disclosure covers the company's standalone operations across hospitality and digital marketing services.

The report outlines the entity's financial scale and operational footprint for the year ended March 31, 2026. Key metrics from the filing include:

Operational Footprint

Hospitality services account for 98.11% of the company's total turnover. The business operates primarily in the Delhi-NCR region, serving travelers, event planners, and corporations. The digital marketing segment caters to startups, SMEs, and large enterprises across various industries including law, healthcare, and retail.

The company maintains a lean workforce structure with 19 permanent employees as of March 31, 2026. There are no workers engaged under permanent or non-permanent contracts. The Board of Directors comprises 10 members, including 2 women, representing 20% female representation at the board level.

Governance and Compliance

Artemis Ebix reported a BSE penalty of ₹8,82,050 during FY26. The fine was imposed for delays in filing financial results, prior intimation of board meetings, and constitution of the Risk Management Committee. No appeals were preferred against this order.

The company disclosed loans and advances to related parties totaling ₹561.88 million in FY26, an increase from ₹158.62 million in the previous fiscal year. No purchases or sales were recorded with related parties during the period.

Sustainability Initiatives

The report identifies energy usage, water management, and waste management as key material issues. The company notes that adopting energy-efficient equipment and smart lighting presents an opportunity to decrease utility costs. Water conservation measures, such as low-flow fixtures and sensor-based taps, are implemented at its villa and staycation properties to mitigate supply risks and reduce expenses.

As a service-oriented entity, Artemis Ebix reports negligible physical waste generation. Consequently, disclosures regarding plastic, e-waste, and hazardous waste reclamation are marked as nil. The company states it is currently in the process of measuring Scope 3 greenhouse gas emissions but has not yet undertaken specific initiatives to reduce emissions or effluent discharge through innovative technology.

What the Numbers Show

The divergence between the company's low turnover (₹716 lakh) and its significantly higher net worth (₹29,187.2 lakh) suggests a capital-intensive balance sheet relative to current revenue generation. Additionally, the sharp rise in related-party loans and advances—from ₹158.62 million to ₹561.88 million—indicates a substantial increase in capital deployment within the group structure during FY26.